Morris Invest Case Study 3.0

[Gregory Washington]

I was inspired by Tyler jahnke to do an honest case study for evertone about my experience with Morris Invest

[Andrey Y.]

For those listening to the Morris Invest podcasts, I will post here what I said in another thread for the benefit of those folks even considering investing in D-class Turnkey.

I knew Clayton Morris was full of hot air when he said (on more than one occasion) that he has Doctors and Nurses live in his Class D/D+ homes in Detroit/Michigan. Right. So a doctor (making $350K+ per year) and a nurse (making $110K per year) RENTS a 3/1 in a bad area, where he purchased for $10K, rehabbed for $10K, and kept (or sold for $45-50K to an investor). If a doctor is renting a borderline war zone house, I don't even want to know what a teacher/carpenter/postal working is renting (a cardboard box?!) haha..

The other thing people don't realize is, he preaches that only cash flow matters, and appreciation is pointless and not important. People don't realize that Clayton/Morris Invest is $20-25K all in on these homes, so he can probably weather high repairs or CapEx costs with a portfolio of 30-50+ homes. The average investor from CA or NY buying one or two of these (for $50K per house) is screwed. Also, it makes sense that Morris would keep the 10% "least bad" homes they buy. No lender will lend on these homes. I sometimes listen to his podcast at work to make me instantly laugh, although sometimes I cringe at the thought that someone actually believes the nonsense said on there.

Just because 'he sounds like a nice guy' or 'she is cute', this is NOT a reason to throw away your hard earned money to this charade. Let's get real.